Homebuyer Tax Credit Ends October 1st

Time is running out to claim the $8,000 first-time homebuyers tax credit. Although there are some income restrictions, the credit is good for up to $8,000, or 10% of the purchase price, and applies to people who have not owned a home in the previous three years. Unlike a similar program from 2008, the credit does not have to be repaid.

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